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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$269,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Lake View. Build your dream home or cottage on this picturesque vacant lot with a lake view. Lot is 85' x 187'. Just a short stroll to Lake Huron's sandy beach, this tranquil property is in a quiet community. Owner has planted many species of native plants and shrubs. Shed on property was built in 2023. Conveniently located, it's a 5-minute drive to the town of Forest and 20 minutes to the vibrant Grand Bend, Enjoy memorable sunsets in the picturesque setting. A 2023 survey is in the documents tab. HST is applicable. Water and electricity are available on lot. Septic system is required. (id:39198)
Location
Province
Ontario
City
Lambton Shores
Address
5 Huron View Ave
Postal Code
N0N1J7
Location Highlights
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Listed by
SUTTON GROUP - SELECT REALTY INC., BROKERAGE Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
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Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$269,900
Asking Price
$269,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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